We've Been DUPED, America!

a reply to: Grambler

It always comes back to greed, the current policies are geared towards the wealthy, money talks and all that.

The political class always pander to those with money at the expense of the poor.

a reply to: Bluntone22

As I said earlier in the thread, tax hikes and spending cuts. This is the only way to solve this other than a war.

a reply to: hopenotfeariswhatweneed

That's ok, I've been dissatisfied this long, I might as well keep it up.

a reply to: Grambler

There is a problem of laws and regs funneling money to the top, reverse trickle down if you will.

originally posted by: Grambler

originally posted by: IgnoranceIsntBlisss
$200 per month food stamps balances it all out eh?

The 1% should be paying 50% taxes.

Well the pay around 38 percent.

I know it's popular to say the wealthy should pay for everything, but if you tax them much higher they will just move or stop generating wealth.

Apparently the 1 percent paying 38 percent is not enough.

If we went to 50 percent, people wwould then scream for 75.

Soon we would have full on socialism.

And ask venezuela, that doesn't work So well.

You can tax those who have TOO MUCH money without taxing businesses and maintain growth.

The 1% continue to concentrate wealth, and on this course we're headed for Venezuela.......

a reply to: StallionDuck

Focus more on the questionable tactics used here and how certain classes receive more than they should.

I am not a class warfare guy and if this helps working Americans then it is a good deal for America and for me.

a reply to: IgnoranceIsntBlisss

You can tax those who have TOO MUCH money without taxing businesses and maintain growth.

What is 'too much money'?

Who are you to say?

I aspire to BE a 1% not punish them.

a reply to: StallionDuck

Millions are going to keep a little more of their own money.

I call that a win.

*shrugs*

a reply to: LSU0408

If that's right, we're not upset about it either.

Germany seems to think we'll be stealing their jobs again.

German investment in the US is expected to rise by €39 billion because of lower US corporate taxes.

While Americans are anxiously awaiting full details of the tax bill now being finalized in Congress, German economists are warning that the changes sought by President Donald Trump mean that significant amounts of new investment and jobs will shift from Europe to the United States.

“The tax competition will have a new dimension,” said Christoph Spengel, chairman of the corporate tax department at the University of Mannheim. Mr. Spengel, who is also a research associate at the Center for European Economic Research, and a group of tax experts at the university have done a detailed comparison of the two countries’ tax systems and published a report under the heading, “Germany loses out in US tax reform.”

Clemens Fuest, who heads the Ifo economic think tank, also said he believed German business would suffer. “Investments and jobs will migrate to the US,” he said.

originally posted by: seasonal
a reply to: Bluntone22

As I said earlier in the thread, tax hikes and spending cuts. This is the only way to solve this other than a war.

Well, that's a well established pattern isn't it.

I wonder how many Trump supporters are going to sign up, because that's exactly what we're looking at.

If you listen closely you can hear the patriotic engine cranking up on MSM.

Time to invest in Trevor Owen ltd. guess what they make?

a reply to: IgnoranceIsntBlisss

The dirty little secret that people in power know that people with greed apparently miss is that while their are a few filthy, filthy rich people running around they can make you hate enough to sign on to any "soak the rich" scheme, what they really do is soak those of us in the middle because if you combine what we have and earn, we still have far, far more than those filthy rich jerks ever could and we generate more over time too.

That's why every. single. tax hike hurts us far more than they get hit.

Could you dumb it down for me what you think is the problem, OP?

I want to understand your complaint but you're not making any sense here and I'm forced to think is just MORE opposition to the WONDERFUL tax plan that just passed.



Am I right that your problem is the people EARNING 0-9600 won't see a MAJOR return? Wait no, you said they'd receive ZERO more in return. Let's explore that:

Here is the taxes owed by that poor fellow earning only 9500 a year if we DIDN'T just pass this tax reform today:

Current Tax System
You'd save $0

Your federal tax bill: $-975


And here is the output if we tax someone using the NEW PLAN.

New Tax System
You'd save $75

Your federal tax bill: $-1,050

We calculate that you probably do NOT itemize.


So, the person receives 75$ MORE. MORE.

But wait, let's take a look at WHY!

See that annoying little line named "federal tax bill"? Yeah, that's a NEGATIVE number, for BOTH systems. BOTH.

Your poor fellow earning 9500 a year NEVER PAID TAXES because they DIDN'T OWE ANY. Now, under the new plan, they don't owe anything,... more. They owe even LESS than the amount they owed last year, which was ZERO.

This was a an important part of your argument yet it has been proven demonstrably false!


Secondly, I see that you also complain about people earning more receiving a larger portion back, up until the wealthy brackets kick in.

Do you realize we have a progressive tax system? Yes? People are taxed more according to how much they make. So, when taxes are cut, those people will obviously receive more OF THEIR OWN MONEY BACK.

That's the point here.

This is MY MONEY that I earned coming back to me. The poor person earning 9500 a year didn't have to pay a single FRIGGING THING! That's not fair!

Your argument in the OP is GARBAGE.

a reply to: ketsuko

If Congress was to pass a flat 19% tax no exemptions no exceptions the "rich" and "poor" would call for war.

a reply to: Grambler


Look, I could care less that you are in Canada, but please don't use terms like "We Need" when this has 0 to do with your taxes. The fact is the plan fails. It also drives up our deficit.

Both of my daughters will come out ahead, We will stay the same, my brother will come out a little ahead too.

Most people I know will benefit by this tax cut for years.

I just don't understand the Democrats right now. This is EVERYTHING you ever wanted in a tax plan. The rich keep paying the same or more and WE little people get to keep more of our money!

It's the most PROGRESSIVE tax plan I've ever seen!

originally posted by: seasonal
a reply to: ketsuko

If Congress was to pass a flat 19% tax no exemptions no exceptions the "rich" and "poor" would call for war.

I agree, but it would be fair which is why it will never happen. People don't really want fair. They just want to watch the guy with more than them suffer.

originally posted by: kurthall
a reply to: Grambler


Look, I could care less that you are in Canada, but please don't use terms like "We Need" when this has 0 to do with your taxes. The fact is the plan fails. It also drives up our deficit.

I live in pennsylvania.

I like the plan, but believe we need spending cuts too.

originally posted by: Grambler

originally posted by: kurthall
a reply to: Grambler


Look, I could care less that you are in Canada, but please don't use terms like "We Need" when this has 0 to do with your taxes. The fact is the plan fails. It also drives up our deficit.

I live in pennsylvania.

I like the plan, but believe we need spending cuts too.

We've needed that forever.

We'll see if anyone in Congress has a spine for that. I think we'd do an excellent job starting on the bureaucracy before hitting the entitlements. There are a lot of departments and employees no one would ever miss.

Whats to keep inflation from skyrocketing on fuel, groceries. Interest rates are going to go up as well. You do know how trickle down works don't you?

Apparently not.....

If you own your home refi now! If you rent, you're SOL and your rent increase will wipe out your pathetic rebate.

www.economicsandethics.org...

ok start the fake news chant....3.....2.....1.....